Revenue and Financial Performance - Revenue for 2022 reached RMB 17,749,982 thousand, a 3.77% increase compared to RMB 17,104,557 thousand in 2021[2] - Total revenue for the year reached 17,749,982 thousand RMB, compared to 17,104,557 thousand RMB in the previous year[16] - Total revenue for 2022 reached RMB 17.75 billion, a 4% year-over-year increase[28] - Total revenue from contracts with customers reached RMB 17,385,740 thousand in 2022, up from RMB 16,746,983 thousand in 2021[14] - Revenue recognized at a point in time was 9,270,668 thousand RMB, while revenue recognized over time was 8,115,072 thousand RMB[17] - Net profit attributable to shareholders of the parent company was RMB 310,370 thousand, a significant decrease from RMB 592,364 thousand in 2021[3] - Total comprehensive income for the year was RMB 371,955 thousand, down from RMB 955,484 thousand in 2021[5] - Profit before tax decreased to 71,638 thousand RMB from 85,819 thousand RMB in the previous year[19] - Net profit attributable to parent company shareholders for basic EPS calculation was 310,370 thousand RMB, down from 592,364 thousand RMB in the previous year[23] - Basic earnings per share were calculated based on a weighted average of 1,506,786,693 shares, down from 1,533,843,722 shares in the previous year[22] Big Data Products and Solutions - Big data products and solutions segment revenue grew by 25.89% to RMB 2,438,536 thousand in 2022, up from RMB 1,937,068 thousand in 2021[2] - Gross profit for the big data segment increased by 37.76% to RMB 954,540 thousand, with a gross margin of 39.14%, up 3.37 percentage points from 35.77% in 2021[2] - The Big Data Products and Solutions segment generated revenue of RMB 2,438,536 thousand in 2022, up from RMB 1,937,068 thousand in 2021[13] - Big data products and solutions revenue grew 26% year-over-year to RMB 2.439 billion in 2022[28] - Gross profit for big data products and solutions increased 38% year-over-year to RMB 955 million in 2022, with a gross margin of 39%[31] - R&D expenses for big data products and solutions increased 11% year-over-year to RMB 457 million in 2022[31] - Net profit for big data products and solutions after R&D expenses grew 40% year-over-year to RMB 489 million in 2022[31] - The company's big data products achieved a gross margin of 90%, a 7 percentage point increase year-over-year[31] - The company's big data products and solutions revenue reached RMB 2.439 billion, accounting for 14% of total revenue, up from 11% last year[35] - Big data products and solutions gross profit was RMB 955 million, representing 32% of total gross profit, an increase from 22% last year[35] Software and Operations Services - The Software and Operations Services segment reported revenue of RMB 5,545,843 thousand in 2022, compared to RMB 5,439,234 thousand in 2021[13] - Software and operation services revenue was RMB 5.546 billion, accounting for 31% of total revenue[35] - Revenue from software development and technical services increased to RMB 5,540,698 thousand in 2022, compared to RMB 4,878,652 thousand in 2021[14] - Revenue from software product sales decreased to RMB 174,764 thousand in 2022, down from RMB 306,836 thousand in 2021[14] Xinchuan and Traditional Services - The Xinchuan and Traditional Services segment achieved revenue of RMB 9,765,603 thousand in 2022, slightly higher than RMB 9,728,255 thousand in 2021[13] Supply Chain Operations - Revenue from supply chain operations rose to RMB 2,574,374 thousand in 2022, up from RMB 2,286,014 thousand in 2021[14] - The company's supply chain solutions, powered by the KingKoo Data system, have supported major clients during high-demand periods like "618" and "Double 11" shopping festivals[33] Financial Position and Assets - Investment properties increased to RMB 4,975,169 thousand in 2022, up from RMB 4,822,350 thousand in 2021[6] - Cash and cash equivalents stood at RMB 2,522,006 thousand as of December 31, 2022, compared to RMB 2,295,103 thousand in 2021[6] - Total assets less current liabilities amounted to RMB 15,490,932 thousand in 2022, slightly higher than RMB 15,448,239 thousand in 2021[6] - Non-current liabilities increased to RMB 3,178,461 thousand in 2022, up from RMB 3,163,994 thousand in 2021[7] - Total equity rose to RMB 12,312,471 thousand in 2022, compared to RMB 12,284,245 thousand in 2021[7] - Accounts receivable and notes receivable totaled RMB 3,864,861 thousand in 2022, an increase of 17% compared to RMB 3,301,781 thousand in 2021[24] - Accounts receivable and notes receivable within 30 days increased to RMB 2,090,733 thousand in 2022 from RMB 1,706,232 thousand in 2021, a 22.5% increase[25] - Accounts payable and notes payable decreased to RMB 3,490,296 thousand in 2022 from RMB 3,601,632 thousand in 2021, a 3.1% decrease[26] - The company's total assets as of December 31, 2022, were approximately RMB 24.768 billion, with total liabilities of RMB 12.455 billion and equity attributable to parent company shareholders of RMB 8.362 billion[45] - The company's cash and bank balances as of December 31, 2022, were approximately RMB 2.522 billion, with RMB 2.433 billion denominated in RMB[45] - The company's total bank loans as of December 31, 2022, were approximately RMB 3.616 billion, with RMB 1.886 billion in fixed-rate loans and RMB 1.930 billion in floating-rate loans[47][48] - The company's available bank credit facilities as of December 31, 2022, were approximately RMB 12.167 billion, including RMB 2.007 billion in long-term loan facilities and RMB 5.715 billion in trade credit facilities[48] - The company's capital expenditures for the year ended December 31, 2022, were approximately RMB 94 million, primarily used for property, plant, and equipment and other intangible assets[45] - The company's current ratio as of December 31, 2022, was 1.47, compared to 1.46 as of December 31, 2021[45] - The company's total loans to equity ratio as of December 31, 2022, was 0.43, compared to 0.39 as of December 31, 2021[46] - The company's financial products' remaining related assets involve approximately RMB 1.439 billion, with RMB 413 million in asset management rights confirmed by the judiciary, providing a legal basis for accelerated asset realization[44] Dividends and Shareholder Returns - The company proposed a final dividend of 2.3 HK cents per share for 2022, bringing the total dividend for the year to 6.8 HK cents per share[2] - The dividend payout ratio decreased to 31.80% in 2022 from 34.85% in 2021[2] - Dividends paid during the year amounted to 199,239 thousand RMB, up from 152,474 thousand RMB in the previous year[21] - The company proposed a final dividend of 4.5 HK cents per ordinary share for the year ended December 31, 2022, totaling approximately HKD 75,312,000[57] Taxation and Government Subsidies - Corporate income tax expense in Mainland China was 59,392 thousand RMB, down from 64,091 thousand RMB in the previous year[20] - Government subsidies increased to 103,578 thousand RMB from 97,448 thousand RMB in the previous year[18] Strategic Initiatives and Future Plans - The company plans to accelerate its big data technology strategy, focusing on spatiotemporal big data and AI to enhance core competitiveness[42] - The company plans to establish an innovative "City CTO" and "Enterprise CSO" dual-driven development model to accelerate the marketization of big data products and solutions, focusing on digital transformation for cities and enterprises[43] Employee and Human Resources - The company had 15,166 full-time employees as of December 31, 2022, an increase from 14,744 in the previous year[51] - Employee costs for the year ended December 31, 2022, were approximately RMB 3.207 billion, a 7.75% increase from RMB 2.977 billion in the previous year[51] Corporate Governance and Compliance - The company's Chairman, Mr. Guo Wei, has been serving as both Chairman and CEO since June 8, 2018, ensuring consistency in business strategy and management[60] - The company has not purchased, sold, or redeemed any of its listed securities during the year ended December 31, 2022[63] - The company maintains sufficient public float as required by the listing rules, as of December 31, 2022[63] - The company has adopted the Standard Code for Securities Transactions by Directors of Listed Issuers, and all directors confirmed compliance during the year[62] - The company has not entered into any written appointment letters with its non-executive or independent non-executive directors, but believes they fulfill their duties effectively under current arrangements[61] Market and Industry Trends - The global digital economy reached $38.1 trillion in 2021, with China's digital economy accounting for $7.1 trillion, ranking second globally[41] - China's data element industry market size was 81.5 billion yuan in 2021 and is expected to reach 174.9 billion yuan by 2025, with a CAGR of 26.26% from 2020 to 2025[41] Smart City and Financial Technology Solutions - The company's smart city solutions have been implemented in multiple cities, including Beijing, Guangzhou, Changchun, and Tangshan, covering areas such as water management, transportation, and education[33] - The company's financial technology solutions have been adopted by 29 financial institutions, including China Construction Bank and Bank of Beijing, for digital RMB infrastructure[34] - The company has signed contracts with 17 financial institutions, including Ningbo Bank and China CITIC Bank, for small and micro enterprise financial services[34] - The company's smart elderly care project in Tianjin's Nankai District won the "2022 IDC Asia Pacific Smart City (China) Award"[33] - The company's CIM platform for Changchun Jingyue District Government was recognized as one of the "2022 Top 10 Outstanding Cases of Digital Economy"[32] Information Technology Application Innovation - The company has served over 180 industry clients in the field of information technology application innovation, including major financial institutions such as China Bank, Industrial and Commercial Bank, and Postal Savings Bank[37] - The company has completed adaptation with over 20 mainstream domestic databases and achieved full-stack localization of basic software and hardware with partners like Huawei, Tencent, and Ali[37] - The company holds a cumulative total of 2,598 software copyrights and patents, representing a 16% year-over-year growth[38] - The company has served over 10 central ministries, 300 cities, and 1 million industry clients, including Fortune 500 companies and government clients[39] - The company has upstream resources from over 300 top domestic and international manufacturers and downstream partnerships with over 30,000 channel partners[39] Shareholder Meetings and Corporate Actions - The 2023 Annual General Meeting is scheduled to be held on June 28, 2023, as a physical meeting[58] - Share transfer registration will be suspended from June 22, 2023, to June 28, 2023, for the purpose of determining eligibility to attend and vote at the 2023 Annual General Meeting[59] Capital Raising and Utilization - The company raised approximately RMB 1.149 billion from a rights issue in September 2017, with RMB 912 million utilized as of December 31, 2022[52] - Unutilized proceeds from the rights issue amounted to RMB 237 million as of December 31, 2022, with plans to fully utilize them by December 31, 2023[53][54] Standards and Intellectual Property - The company has 64 approved standards and 47 standards under development, covering big data, digital twins, smart cities, and other fields[30] Smart Software Products - The company's smart software products, including the Smart Data Hub, Smart Data Platform, and Smart Data Twin, have been widely deployed across various industries and regions[32]

Financial Performance - Revenue for the six months ended June 30, 2022, was HKD 8,681,756, a slight increase from HKD 8,673,158 in the same period of 2021[5] - Gross profit for the same period was HKD 1,542,023, down from HKD 1,615,344, reflecting a decrease of approximately 4.5%[5] - Net profit attributable to shareholders for the period was HKD 316,133, compared to HKD 304,886 in the previous year, representing an increase of about 3.7%[5] - The total comprehensive income for the period was a loss of HKD 156,730 thousand, compared to the previous period's income[14] - The total comprehensive income for the period was HKD 482,228,000, with a profit of HKD 220,223,000 attributed to retained earnings[16] - The group's profit before tax for the six months ended June 30, 2022, was HKD 22,601,000, a significant increase from HKD 5,484,000 in the same period of 2021[34] - Basic earnings per share for the six months ended June 30, 2022, were HKD 0.146, slightly up from HKD 0.142 in 2021[37] Assets and Liabilities - Total assets as of June 30, 2022, were HKD 15,349,099, a decrease from HKD 15,919,783 at the end of the previous year[11] - Current liabilities amounted to HKD 10,478,793, down from HKD 10,902,167 at the end of the previous year[11] - As of June 30, 2022, the total non-current liabilities decreased to HKD 3,734,661 thousand from HKD 3,831,383 thousand as of December 31, 2021, representing a reduction of approximately 2.5%[13] - The net asset value as of June 30, 2022, was HKD 14,342,637 thousand, down from HKD 14,867,349 thousand at the end of 2021, indicating a decline of about 3.5%[13] - The company's total liabilities decreased by HKD 1,456,818,000 due to loan repayments[17] Cash Flow - Cash used in operating activities amounted to HKD 536,691,000, compared to HKD 576,620,000 in the previous year[17] - Net cash generated from investing activities was HKD 181,729,000, a significant increase from HKD 7,139,000 in the previous year[17] - The company reported a decrease in cash and cash equivalents of HKD 528,504,000, with cash and cash equivalents at the end of the period totaling HKD 2,189,611,000[17] - The company’s financing activities resulted in a net cash outflow of HKD 173,542,000, compared to an outflow of HKD 1,010,113,000 in the previous year[17] Revenue Segments - The Big Data Products and Solutions segment reported a profit of HKD 208,583,000, an increase of 85% compared to the previous period[25] - Software development and technical services revenue reached HKD 2,581,256, up from HKD 2,181,705 in the prior year[28] - The Supply Chain Operations business generated revenue of HKD 1,437,954, compared to HKD 1,142,926 in the previous year[28] - The System Integration business reported revenue of HKD 2,669,556, down from HKD 3,456,230 in the same period last year[28] - The e-commerce supply chain business generated revenue of HKD 1,605,286, an increase from HKD 1,433,404 in the previous year[28] Shareholder Information - The company declared a final dividend of HKD 217,569 thousand during the period, impacting the retained earnings[14] - The interim dividend declared for the six months ended June 30, 2022, is HKD 0.023 per share, compared to HKD 0.02 per share for the same period in 2021[93] - The total number of shares held by Guo Wei is 159,186,857, representing 21.02% of the total issued share capital[96] - The total number of shares held by Kosalaki Investments Limited is 100,778,857, representing 6.02% of the total equity[102] Employee and Management Compensation - Employee costs for the six months ended June 30, 2022, were approximately HKD 1.694 billion, representing a 13% increase from approximately HKD 1.504 billion for the same period in 2021[87] - The total compensation for key management personnel was HKD 32.817 million, an increase from HKD 23.222 million in the previous year[59] Corporate Governance - The audit committee reviewed the unaudited interim results for the six months ended June 30, 2022, with no objections to the accounting treatments adopted[129] - The company has adopted the standard code for securities trading by directors and confirmed compliance during the reporting period[128] - The company deviated from certain corporate governance code provisions, including the dual role of the chairman and CEO held by Mr. Guo Wei since June 8, 2018[130] Future Plans and Strategies - The company plans to focus on market expansion and new product development in the upcoming quarters[12] - The company aims to achieve a big data industry scale exceeding RMB 3 trillion by 2025, with a compound annual growth rate of around 25%[77] - The company plans to enhance its product matrix and focus on core business to achieve higher quality growth and greater value for shareholders[78]

Financial Performance - The total revenue for the fiscal year 2021 was HKD 20,539 million, representing a 3.6% increase from HKD 19,820 million in 2020[6]. - Revenue from big data products and solutions reached HKD 2,329 million, a significant growth of 20.3% compared to HKD 1,936 million in the previous year[6]. - The profit attributable to shareholders before share-based expenses was HKD 818 million, up 21.0% from HKD 676 million in 2020[6]. - The profit attributable to shareholders for the year was HKD 712 million, reflecting a 16.1% increase from HKD 613 million in the prior year[6]. - Earnings per share increased to HKD 46.4, a rise of 22.9% from HKD 37.7 in 2020[6]. - The total assets at the end of the fiscal year were HKD 29,601 million, a 5.6% increase from HKD 28,021 million in 2020[6]. - The return on equity was 16.5%, up from 14.2% in the previous year, indicating improved profitability[6]. - Gross profit amounted to HKD 3.765 billion, reflecting a 12% year-on-year growth[52]. - Profit attributable to shareholders was HKD 712 million, up 16% year-on-year, while adjusted profit reached HKD 818 million, a 21% increase[52]. Business Development and Strategy - The company secured multiple contracts in 2021, including the digital brain project for Changchun City and smart city projects in Xinjiang and Shanghai[12][13]. - Strategic partnerships were established with Tencent Cloud and JD Technology to enhance digital transformation and build a new digital industry ecosystem[19][20]. - The company achieved significant milestones in 2021, marking its 20th anniversary since listing, and is positioned as a leader in the big data technology sector[46]. - The company has developed three major product families: Smart Data Hub, Smart Data Platform, and Smart Data Twin, focusing on core application scenarios such as digital native cities and financial technology[48]. - The company is leveraging the digital economy's growth opportunities, as outlined in the "14th Five-Year Plan," which emphasizes the value of data as a new production factor[47]. - The company plans to implement equity incentives and dividends to share growth benefits with employees and shareholders, reinforcing its commitment to long-term strategic goals[50]. - The company aims to replicate its innovative solutions in more cities, driven by increasing governmental focus on smart environmental systems and digital twin technologies[48]. Awards and Recognition - The company ranked 7th in the 2021 annual list of top technology companies, highlighting its industry leadership[22]. - Shenzhou Holdings ranked 1st in the 2021 Digital Transformation Top 100 Enterprises[23]. - Shenzhou Holdings achieved a score of 92.84 in the 2021 Digital Transformation evaluation, placing 5th overall[37]. - Shenzhou Holdings was recognized as a leading enterprise in big data in 2021[39]. - The company was awarded the Best Solution Award for Carbon Neutral Smart City in 2021[39]. - The company received the Outstanding Enterprise Award in the Big Data field in 2021[40]. - The company has received multiple industry accolades, including being ranked 5th in the "2021 Top 100 Promoters of China's Digital Transformation"[52]. Research and Development - The company invested HKD 497 million in R&D, a 20% increase year-on-year, and acquired 403 new intellectual properties, totaling 2,249, a 22% increase[55]. - The company aims to enhance its big data service strategy and strengthen its R&D capabilities, focusing on three core product families[60]. - The company plans to accelerate the commercialization of big data products and solutions, aiming to empower various innovative scenarios in the digital economy[52]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to enhance transparency, accountability, and corporate value for shareholders[85]. - The company strictly adheres to the governance laws and regulations of the jurisdictions in which it operates, as well as applicable guidelines and rules issued by regulatory authorities[85]. - The company has complied with the corporate governance code throughout the reporting period, with some deviations explained[86]. - The chairman and CEO roles are held by the same individual, which the board believes ensures consistency in business strategy development and execution[86]. - The audit committee, composed entirely of independent non-executive directors, is responsible for overseeing financial reporting, risk management, and internal controls[95]. Risk Management - The company emphasizes the importance of effective risk management and internal control systems to achieve strategic objectives[106]. - The group employs a three-line defense model for risk management, with operational management as the first line, risk management functions as the second line, and internal audit as the third line[108]. - In 2021, the top three identified risks were competition risk, reliance on major customers, and talent attrition risk, with the reliance on major customers moving from third to second place compared to 2020[111]. - The board believes that the risk management and internal control systems are effective and sufficient, complying with the Corporate Governance Code[114]. Sustainability and Social Responsibility - The company aims to become a leading big data service provider while adhering to ethical standards and sustainable development principles[121]. - The company integrated sustainability into its operational and risk management, focusing on creating long-term value for stakeholders[122]. - The company emphasizes sustainable development and has integrated social responsibility into its business operations, aiming to create long-term value for society and the environment[131]. - The company has been recognized for its ESG practices, winning several awards for its contributions to sustainable development and environmental protection[131]. - The company actively contributed to social sustainability by donating anti-epidemic materials during the Xi'an outbreak and supporting youth education initiatives[121]. Employee Development and Engagement - The company is committed to talent development through initiatives like "Partners," "Shenma Hui + Shenji Camp," and "Geek Competition + Campus Ambassadors" to foster a sustainable corporate culture[49]. - The company has established a performance-based compensation system combining base salary and performance bonuses to attract and retain talent[154]. - The employee training hours exceeded 190,000, with nearly 30,000 participants, resulting in an average training duration of 13.20 hours per employee, a significant increase from 10.32 hours in 2020[167]. - The company maintained its workforce during the pandemic without layoffs or salary reductions, enhancing employee cohesion[167]. Environmental Impact - The company aims to achieve "carbon peak and carbon neutrality" by reducing greenhouse gas emissions and increasing the use of renewable energy and low-carbon products[138]. - The company has implemented various energy-saving measures, including optimizing air conditioning and lighting systems to reduce energy consumption[139][140]. - The total greenhouse gas emissions amounted to 15,370.86 tons in 2021, up from 14,544.45 tons in 2020, indicating an increase of 5.68%[150]. - The company has implemented strict environmental management standards and achieved ISO 14001 certification for its environmental management system[134]. Customer Service and Satisfaction - The company has established a comprehensive customer service system, ensuring timely feedback and resolution of issues through multiple channels, enhancing customer satisfaction[192]. - In 2021, the number of customer complaints was approximately 20,000, accounting for 0.05% of total business transactions, indicating a slight decrease in complaint ratio despite an increase in complaint volume due to rapid business growth[191]. - The company has developed the Yanyun DaaS, a leading big data product that integrates various systems and data at minimal cost, currently applied in over 12 central ministries and 27 provinces, supporting the trillion-level big data industry ecosystem[194].

Financial Performance - Revenue for the six months ended June 30, 2021, was HKD 8,673,158, an increase of 3.9% compared to HKD 8,349,929 for the same period in 2020[7]. - Gross profit for the same period was HKD 1,615,344, representing a gross margin of 18.6%[7]. - Net profit for the period was HKD 304,886, a decrease of 11.6% from HKD 344,749 in the previous year[7]. - Basic earnings per share for the period was HKD 14.24, down from HKD 14.82 in the previous year[8]. - Total comprehensive income for the period was HKD 482,228, compared to HKD 120,552 in the same period last year[11]. - The company reported operating profit of HKD 371,167 for the period, compared to HKD 425,247 in the previous year, indicating a decrease of approximately 12.7%[23]. - The profit for the period was reported at HKD 220,223,000, contributing to a total comprehensive income of HKD 344,905,000 for the period[14]. - The company reported a foreign exchange gain of HKD 120,513,000 during the period, contributing positively to the overall financial performance[14]. Assets and Liabilities - Non-current assets as of June 30, 2021, totaled HKD 13,236,298, an increase from HKD 12,854,397 as of December 31, 2020[12]. - Current liabilities increased to HKD 9,775,292 from HKD 10,826,581 as of December 31, 2020[12]. - As of June 30, 2021, the net current assets amounted to HKD 4,227,561,000, a decrease from HKD 4,339,987,000 as of December 31, 2020, representing a decline of approximately 2.58%[13]. - Total assets less current liabilities increased to HKD 17,463,859,000 from HKD 17,194,384,000, reflecting a growth of about 1.56%[13]. - The company's net assets stood at HKD 13,979,616,000, up from HKD 13,764,632,000, indicating an increase of approximately 1.56%[13]. - The company's total liabilities, including accounts payable, amounted to HKD 4,038,731,000 as of June 30, 2021, compared to HKD 3,620,499,000 as of December 31, 2020, representing an increase of approximately 11.6%[43]. Cash Flow - The net cash used in operating activities was HKD (576,620,000), compared to HKD (346,757,000) in the previous year, indicating a decline in cash flow from operations[18]. - The company reported a decrease in cash and cash equivalents by HKD (1,579,594,000), ending the period with HKD 1,549,792,000[18]. - The net cash generated from investing activities was HKD 7,139,000, a significant decrease from HKD 1,096,452,000 in the previous year[18]. - The company experienced a decrease in inventory, which contributed positively to cash flow, while accounts receivable increased negatively[18]. Dividends - The company declared a final dividend of HKD 0.10 per ordinary share, totaling HKD 167,310,000 for the year ended December 31, 2020[15]. - The interim dividend declared for the six months ended June 30, 2021, is HKD 30,444,000, down from HKD 58,567,000 for the same period in 2020, representing a decrease of approximately 48%[36]. - The interim dividend declared for the six months ending June 30, 2021, is HKD 0.02 per share, compared to HKD 0.036 per share for the same period in 2020[76]. Market Strategy and Growth - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[6]. - The company has plans for strategic acquisitions to bolster its growth and market share[6]. - The "Smart Industry Chain" segment focuses on providing end-to-end supply chain services, leveraging big data and AI, which is expected to enhance operational efficiency[21]. - The "Investment" segment aims to improve core products and services through continuous innovation and capital operations, including mergers and acquisitions[22]. - The company has diversified into new verticals, including logistics and warehousing, to expand its one-stop service offerings[59]. Research and Development - Research and development costs for the six months were HKD 338,501, up from HKD 221,154 in the previous year, reflecting an increase of approximately 53.1%[33]. - The company's investment in R&D for core products is expected to yield long-term benefits, with early results already visible in the current reporting period[61]. Employee and Management - Employee costs for the six months ended June 30, 2021, amounted to approximately HKD 1.504 billion, representing a 39% increase from approximately HKD 1.082 billion in the same period last year[71]. - The total remuneration for key management personnel was HKD 23,222,000 for the six months ended June 30, 2021, compared to HKD 4,495,000 in the previous year, indicating a substantial increase of approximately 417.66%[53]. - The group has approximately 14,100 full-time employees as of June 30, 2021, compared to approximately 12,300 employees a year earlier[71]. Shareholder Information - The total number of shares held by major shareholders indicates a concentrated ownership structure within the company[82]. - The company’s major shareholder, Guo Wei, holds 95,328,707 personal shares and 145,175,857 shares through controlled entities[78]. - The company granted stock options totaling 81 million shares to Guo Wei on July 13, 2020, with an exercise price of HKD 6.60 per share[79]. Corporate Governance - The audit committee consists of three independent non-executive directors, including the chairman, and has reviewed the group's accounting principles and practices for the six months ended June 30, 2021[110]. - The company has adopted the standard code as its code of conduct for securities transactions by directors, and all directors confirmed compliance during the six months ended June 30, 2021[110]. - The company has complied with the corporate governance code except for certain deviations, which have been justified[110].

Financial Performance - Revenue for the fiscal year 2020 was HKD 19,820 million, an increase of 11.80% from HKD 17,727 million in 2019[7] - Profit before tax for 2020 was HKD 1,147 million, up 109.78% from HKD 547 million in 2019[7] - Net profit attributable to shareholders for 2020 was HKD 613 million, representing a growth of 103.08% compared to HKD 302 million in 2019[7] - Earnings per share for 2020 increased to HKD 37.74 from HKD 18.31 in 2019[7] - Operating cash flow for 2020 was HKD 1,146 million, a rise of 15.81% from HKD 989 million in 2019[7] - Total assets at the end of 2020 were HKD 28,021 million, compared to HKD 25,551 million in 2019[7] - The return on equity for 2020 was 6.50%, up from 3.38% in 2019[7] - In 2020, the company's total revenue was approximately HKD 19.82 billion, representing a year-on-year growth of 11.8%[39] - Shareholder profit attributable to the company was approximately HKD 613 million, a significant increase of 103.1% year-on-year[39] - The big data revenue reached approximately HKD 231 million, with a remarkable year-on-year growth of 124.5%[39] - The revenue from the urban big data segment was approximately HKD 477 million, reflecting a year-on-year increase of 46%[41] - The profit from the urban big data segment was approximately HKD 28.66 million, showing a substantial year-on-year growth of 149.4%[41] Strategic Initiatives - The company announced a strategic cooperation framework agreement with Changchun New Area Management Committee to promote information technology industry development[12] - The company launched the financial-grade distributed technology platform Sm@rtGalaxy 3.0, enhancing its capabilities in financial technology[11] - The company signed a strategic cooperation memorandum with LINE CLEAR to explore logistics and supply chain opportunities between China and Malaysia[15] - Shenzhou Holdings fully acquired Yunhe Network to enhance its financial front-end and mobile product layout, focusing on contactless financial services such as mobile banking and online banking[17] - Shenzhou Holdings' subsidiary, Shenzhou Information, launched the blockchain technology platform Sm@rtGAS, which won the 2020 Excellent Software Product Award and the Blockchain New Financial Product Innovation Award[18] - Shenzhou Holdings established a joint laboratory with Tianjin University to conduct in-depth research on smart cities, industrial internet, and blockchain applications[19] - Shenzhou Holdings signed a strategic cooperation agreement with the Beijing Financial Supervision Administration to establish a national-level financial security base in the Fangshan District[20] Awards and Recognition - In 2020, Shenzhou Holdings ranked 6th in the "Top 100 Big Data Providers" by the Chinese Academy of Sciences[24] - Shenzhou Holdings' subsidiary, Shenzhou Information, ranked 1st in four IT solution categories in the IDC 2019 Chinese Banking IT Solutions Market Share report, maintaining the top position for eight consecutive years[25] - Shenzhou Holdings was recognized as the "Best New Economy Company" at the 2019 Golden Hong Kong Stock Awards[23] - Shenzhou Holdings' subsidiary, KJ Logistics, won the "2020 National 5A Logistics Enterprise" qualification from the China Federation of Logistics and Purchasing[26] - Shenzhou Holdings was awarded the "2020 New Infrastructure Leading Enterprise" certificate by the Chinese Academy of Sciences and other organizations[26] - Shenzhou Holdings' subsidiary, Shenzhou Information, was listed as one of the "Top 50 Financial Technology Companies in China" by iResearch Consulting[27] Digital Transformation and Innovation - The digital transformation demand surged due to the pandemic, leading to a significant increase in the company's performance, particularly in e-commerce and online education sectors[32] - The company has been focusing on urban big data as a key area, leveraging over ten years of experience in smart city development to enhance urban governance and citizen services[33] - The company aims to build the largest socialized warehousing service ecosystem in China, providing integrated supply chain services through its proprietary logistics management system and data application platform[34] - The financial technology segment of the company is positioned as a leader in areas such as financial innovation and smart finance, utilizing big data resources and capabilities[35] - Continuous innovation is a core cultural value of the company, driving sustainable development and the creation of a broader innovation ecosystem across industries[36] - The company has established a comprehensive data source and application scenarios through its extensive industry experience, leading to rapid revenue growth[34] Corporate Governance - The company adheres to the highest standards of corporate governance, ensuring transparency and accountability to shareholders[82] - The board consists of nine members, including two executive directors, two non-executive directors, and five independent non-executive directors[86] - The chairman and CEO roles are held by the same individual, Mr. Guo Wei, since June 8, 2018, to ensure consistency in business strategy[88] - The company has not established a nomination committee, believing the board can fulfill its responsibilities effectively without one[83] - All independent non-executive directors have confirmed their independence annually, in compliance with listing rules[87] - The company complies with the corporate governance code, with minor deviations explained in the report[82] Employee Engagement and Development - As of December 31, 2020, the group employed approximately 14,000 full-time employees, an increase of 18.64% from approximately 11,800 employees as of December 31, 2019[62] - Employee costs for the year ended December 31, 2020, amounted to approximately HKD 2.792 billion, reflecting an 8.43% increase from HKD 2.575 billion for the year ended December 31, 2019[62] - The company has adopted a stock incentive plan to attract and retain talented employees based on individual performance and company goals[62] - The company has been focusing on the development of smart city projects and big data platforms, with significant involvement in investment projects related to smart city construction[70] - The company has established multiple joint ventures in the big data sector, enhancing its capabilities in data planning and implementation[70] Social Responsibility and Community Engagement - In 2020, the company provided approximately ¥30 million worth of free materials and digital services during the COVID-19 pandemic, which led to over ¥200 million in donations from ecosystem alliance members[31] - The company actively participated in pandemic relief efforts, providing financial support for post-epidemic recovery in Hubei and promoting youth education initiatives[111] - The company has established ten Shenzhou Hope Primary Schools across nine provinces, with cumulative donations exceeding RMB 3.7 million over 19 years[170] - The company donated RMB 1 million to support poverty alleviation efforts in Hubei province during the pandemic[167] - The company has actively participated in various social welfare activities, including donations to the Sun Village charity for children of incarcerated individuals[171] Environmental Sustainability - The company has implemented strict environmental management standards and obtained ISO 14001 certification, focusing on energy efficiency and reducing harmful emissions[187] - The company has adopted a paperless office policy to minimize paper usage and promote the use of renewable resources[196] - The company aims to achieve carbon peak and carbon neutrality as part of its sustainable development goals[199] - The company implemented measures to reduce carbon emissions, including the use of electric vehicles for logistics in urban areas[197] - The company has established a waste classification system to reduce environmental pollution[197]

Financial Performance - Revenue for the six months ended June 30, 2020, was HKD 8,349,929, an increase of 10.3% compared to HKD 7,569,721 for the same period in 2019[4] - Gross profit for the same period was HKD 1,325,769, a slight decrease of 2.4% from HKD 1,358,893 in 2019[4] - Net profit for the period was HKD 344,749, significantly up from HKD 87,830 in the previous year, representing a growth of 292.5%[4] - Basic earnings per share increased to HKD 14.82 from HKD 0.02, reflecting a substantial improvement in profitability[4] - Other income and gains rose to HKD 176,140, compared to HKD 82,576 in the previous year, marking a growth of 113.1%[4] - Total comprehensive income for the period was HKD 120,552, compared to HKD 101,608 in the same period last year, indicating a growth of 18.6%[7] - The company incurred financing costs of HKD 77,020, down from HKD 117,117 in the previous year, showing a reduction of 34.3%[4] Assets and Liabilities - Total non-current assets decreased from HKD 12,734,281 thousand to HKD 12,297,241 thousand, a decline of approximately 3.4%[9] - Current assets decreased from HKD 12,251,702 thousand to HKD 12,151,134 thousand, a decline of approximately 0.8%[9] - Total liabilities decreased from HKD 10,913,978 thousand to HKD 9,600,640 thousand, a reduction of approximately 12.0%[10] - Non-current liabilities increased from HKD 2,073,651 thousand to HKD 2,684,147 thousand, an increase of approximately 29.5%[10] - Net asset value decreased from HKD 12,563,472 thousand to HKD 12,506,686 thousand, a decline of approximately 0.5%[10] Cash Flow - Net cash used in operating activities was HKD (346,757) thousand, compared to HKD (620,249) thousand in the previous period[15] - Net cash generated from investing activities was HKD 1,096,452 thousand, an increase from HKD 670,024 thousand in the prior period[15] - Net cash used in financing activities was HKD (816,725) thousand, compared to HKD (707,089) thousand in the previous period[15] - Cash and cash equivalents decreased by HKD 67,030 thousand, compared to a decrease of HKD 657,314 thousand in the prior period[15] Revenue Breakdown - Revenue from system integration business reached HKD 3,133,679, up from HKD 2,656,443 in 2019, indicating a growth of about 17.9%[28] - The e-commerce supply chain service business generated revenue of HKD 2,036,419, significantly increasing from HKD 1,147,058 in 2019, which is a growth of approximately 77.6%[28] - The financial services business generated revenue of HKD 13,403, down from HKD 30,138 in 2019, indicating a decline of approximately 55.6%[28] - The logistics business reported revenue of HKD 1,055,692, a decrease from HKD 1,203,337 in 2019, representing a decline of approximately 12.3%[28] Strategic Focus and Future Outlook - The company plans to continue expanding its smart city business, leveraging big data applications to enhance urban infrastructure and services[21] - The group is focused on enhancing its supply chain services through the integration of AI and big data technologies, aiming to improve overall efficiency in the industry[21] - Future outlook and strategies regarding new products, market expansion, and acquisitions were not explicitly detailed in the provided content[3] Dividends and Shareholder Information - The company declared a final dividend of HKD 0.064 per share, totaling HKD 104,281 thousand for the year ended December 31, 2019[13] - The interim dividend declared was HKD 58,567, with a dividend per share of HKD 0.036, compared to no dividend declared in the same period of 2019[37] - Major shareholders include Guangzhou Urban Construction Investment Group with a stake of 26.00% and Guangzhou Investment with a stake of 25.00%[81] Employee and Operational Metrics - The group recorded employee costs of approximately HKD 1.082 billion for the six months ended June 30, 2020, a decrease of 5.42% compared to approximately HKD 1.144 billion for the same period last year[70] - The group had approximately 12,300 full-time employees as of June 30, 2020, compared to approximately 11,600 employees as of June 30, 2019[70] Stock Options and Incentives - The total number of unexercised stock options was 109,780,615, with 10,190,000 granted during the period and 430,000 exercised[85] - The company aims to attract and retain top talent through the Restricted Share Award Scheme and the Stock Option Incentive Plan, aligning participant interests with shareholder value[91] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited condensed consolidated interim financial statements for the six months ending June 30, 2020, with no objections raised[103] - The company has adopted a standard code of conduct for its directors regarding securities trading, confirming compliance for the six months ending June 30, 2020[102]

Financial Reporting - Digital China Holdings Limited provided supplementary information regarding its annual report for the year ended December 31, 2019[3] Stock Options - The company granted stock options on March 28, September 2, and November 7, 2019, with closing prices of HKD 4.26, HKD 3.95, and HKD 4.10 respectively prior to the grant dates[3] Board of Directors - The board of directors consists of nine members, including the executive chairman and CEO, as well as independent non-executive directors[3]

Financial Performance - Revenue for the fiscal year 2019 was HKD 17,727 million, an increase of 16.2% from HKD 15,254 million in 2018[6] - Profit before tax for 2019 was HKD 547 million, up 94.3% from HKD 282 million in 2018[6] - Net profit attributable to shareholders for 2019 was HKD 302 million, representing a 101.3% increase from HKD 150 million in 2018[6] - Earnings per share for 2019 was HKD 18.31, compared to HKD 8.96 in 2018, reflecting a growth of 104.0%[6] - The company declared a dividend of HKD 6.4 per share for 2019, up from HKD 3.1 per share in 2018[6] - Operating cash flow for 2019 was HKD 989 million, significantly higher than HKD 270 million in 2018[6] - Total assets at the end of 2019 were HKD 25,551 million, slightly up from HKD 25,488 million in 2018[6] - The return on equity for 2019 was 3.38%, an increase from 1.69% in 2018[6] Strategic Developments - The company signed a strategic cooperation agreement with the government of Changchun for a project worth approximately RMB 174 million[12] - The launch of the new enterprise-level microservice platform Sm@rtEMSP was announced, targeting major clients in the financial sector[12] - In January 2020, the company launched two strategic products, "Jieyunbao" and "Jieyun Fast Sign," focusing on supply chain, big data, and AIoT technologies[20] - The company sold part of its stake in Shenzhou Medical for RMB 500 million, enhancing its core technology and integrated scenarios[20] - The company’s product "Yanyun DaaS" received the National Science and Technology Invention Award (First Class), showcasing its leading position in deep web data mining technology[34] - The company supported various regions in China during the COVID-19 pandemic by utilizing its Yanyun DaaS technology for real-time monitoring and analysis, enhancing epidemic prevention capabilities[35] Awards and Recognition - In September 2019, the company ranked 38th in the IDC Global Fintech Top 100, being the highest-ranked Chinese company on the list[28] - The company was awarded the "Most Growth-Oriented Technology Chinese Concept Stock" in the 2019 China Listed Company Reputation List[30] - The company’s subsidiary, Shenzhou Information, was recognized as one of the top ten leading enterprises in China's information technology service industry[23] - The company’s subsidiary, KJ, won the 2019 Annual Product Award for its "Jin Ku WMS" system, highlighting its innovation in logistics[23] Market Expansion and Innovation - The e-commerce supply chain business revenue grew by 96% year-on-year, driven by the collaboration with Dell[43] - The smart city business generated approximately HKD 327 million in revenue, with a gross profit of about HKD 74.69 million and a segment profit of HKD 11.49 million[44] - The introduction of the "Human-Machine Collaboration 3.0" solution improved warehouse utilization by 30% and reduced labor costs by 50%[43] - The "KINGKOO DATA" big data platform won two awards at the 2019 China Economic Summit, enhancing decision-making efficiency in the supply chain[43] Financial Position and Liabilities - The group’s total assets as of December 31, 2019, were approximately HKD 25.55 billion, with total liabilities of approximately HKD 12.99 billion, and equity attributable to shareholders of approximately HKD 8.94 billion[51] - The group had cash and bank balances of approximately HKD 2.01 billion as of December 31, 2019, of which approximately HKD 1.72 billion was denominated in RMB[51] - The group’s interest-bearing bank and other loans totaled approximately HKD 5.09 billion as of December 31, 2019, with a loan-to-equity ratio of 0.57[52] - The group’s liquidity ratio as of December 31, 2019, was 1.17, compared to 1.22 as of December 31, 2018[51] Corporate Governance - The board of directors includes experienced professionals with backgrounds in technology, finance, and urban development[62][64][66] - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange throughout the reporting period[75] - The company has a clear framework for responsibilities and accountability to protect and enhance shareholder interests[78] - The company has established clear written terms of reference for both the audit and remuneration committees, which are available on the stock exchange and the company's website[84] Environmental and Social Responsibility - Total electricity consumption for 2019 was 13,587 million kWh, with carbon emissions of 12,179 tons, representing a decrease of 13% and 17% respectively compared to 2018[112] - The company has implemented a comprehensive environmental protection policy and management system to mitigate operational environmental impacts[111] - The company has committed to reducing greenhouse gas emissions and has established plans to decrease relative emissions year-on-year[111] - The company has actively participated in social welfare activities, including support for the Sun Village, a non-profit organization for children of incarcerated individuals[158] Employee Engagement and Development - The company established a quarterly employee meeting mechanism to enhance communication and engagement regarding strategic goals[127] - The company invested over 140,000 hours in employee training, with more than 12,000 participants, averaging about 11 hours of training per employee[141] - The company established a performance-oriented compensation and incentive system, combining position salary and performance bonuses to attract and retain talent[134] - The company emphasizes employee health and safety, implementing policies and providing necessary facilities to ensure a safe working environment[138] Risk Management - Key risks identified for the year include competition risk, reliance on major customers, and talent retention risk[95] - The company employs a three-line defense model for risk management, which includes operational management, risk management functions, and independent assurance[93] - The board is committed to reviewing and enhancing the risk management and internal control systems annually to adapt to changing business conditions[94] Shareholder Engagement - The company emphasizes the importance of shareholder rights and encourages participation in annual general meetings to express opinions on performance and governance[102] - The company has a commitment to maintaining high standards of corporate governance to enhance transparency and accountability to shareholders[74]

Financial Proceeds - As of December 31, 2018, the net proceeds from the rights issue conducted in September 2017 amounted to HKD 764 million, with HKD 571 million remaining for future investments[1] - Approximately HKD 198 million of the remaining proceeds has already been utilized, leaving HKD 373 million expected to be fully used by December 31, 2020[1] - All unutilized proceeds will be invested in healthcare big data projects or other identified suitable investment and acquisition opportunities[1]

Financial Performance - Revenue for the six months ended June 30, 2019, was HKD 7,569,721, an increase from HKD 7,029,951 in the same period of 2018, representing a growth of approximately 7.7%[6] - Gross profit for the same period was HKD 1,358,893, compared to HKD 1,298,181 in 2018, reflecting a year-on-year increase of about 4.7%[6] - Net profit for the period was HKD 87,830, a significant decrease from HKD 325,010 in the previous year, indicating a decline of approximately 73%[6] - Basic earnings per share for the period was HKD 0.02, down from HKD 8.26 in the same period last year, marking a decline of around 99.8%[6] - Total comprehensive income for the period was HKD 101,608, compared to HKD 333,793 in 2018, representing a decrease of approximately 69.6%[9] - The operating profit before tax was HKD 98,460 for the six months ended June 30, 2019, compared to HKD 337,667 in 2018, showing a significant decrease of approximately 70.8%[36] - The group reported a profit before tax of HKD 1,200,000 for the six months ended June 30, 2019, compared to HKD 1,000,000 in 2018, representing a growth of 20%[42] - The company reported a total comprehensive income of HKD 131,188,000 for the period, compared to HKD 202,605,000 in the previous year[20] Assets and Liabilities - Non-current assets as of June 30, 2019, totaled HKD 13,269,617, slightly up from HKD 13,173,288 at the end of 2018[11] - Current assets decreased to HKD 11,811,358 from HKD 12,314,886 at the end of 2018, reflecting a decline of about 4.1%[11] - Total liabilities as of June 30, 2019, were HKD 9,855,125, down from HKD 10,117,225 at the end of 2018, indicating a reduction of approximately 2.6%[11] - The net asset value increased to HKD 12,470,128 from HKD 12,396,696, showing a growth of about 0.6%[12] - The equity attributable to shareholders of the parent company was HKD 8,846,494, a slight decrease from HKD 8,850,343, indicating a marginal decline of 0.04%[12] - Total assets amounted to HKD 25.081 billion, with total liabilities of HKD 12.611 billion and equity attributable to shareholders of HKD 8.846 billion as of June 30, 2019[70] Cash Flow and Investments - The company reported a net cash outflow from operating activities of HKD 598,504,000 for the six months ended June 30, 2019, compared to HKD 1,014,333,000 for the same period in 2018[17] - Total cash and cash equivalents at the end of the period were HKD 1,571,374,000, down from HKD 2,070,392,000 in the previous year[18] - The company generated net cash inflow from investing activities of HKD 648,279,000, an increase from HKD 608,633,000 in the prior year[18] - The company incurred a total of HKD 20,539,000 in share buybacks during the reporting period[18] - The company made investments in property, plant, and equipment totaling HKD 13,342,000, down from HKD 44,287,000 in the previous year[17] Market and Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments and strategic initiatives[5] - Future outlook remains cautiously optimistic, with a focus on strategic initiatives to improve financial performance and market share[12] - The group plans to continue expanding its market presence and enhancing its technology services across various sectors, including finance and smart city solutions[34] - The company aims to leverage its award-winning technology to drive the development of smart cities and digital economy solutions[65] Accounting and Compliance - The company adopted HKFRS 16, which requires the recognition of right-of-use assets and lease liabilities for all leases, significantly changing accounting for lessees[22] - The transition to HKFRS 16 did not have a significant impact on the company's interim financial statements[22] - The company has complied with the corporate governance code, with minor deviations explained[96] Shareholder Information - The company did not declare an interim dividend for the six months ended June 30, 2019, compared to no dividend for the same period in 2018[80] - The company has implemented strict credit monitoring to minimize credit risk, with credit terms generally ranging from 15 to 720 days[48] - The company continues to focus on enhancing shareholder value through strategic share repurchases and maintaining compliance with regulatory requirements[100] Employee and Management - The group had approximately 11,600 full-time employees as of June 30, 2019, a decrease from 11,800 employees as of June 30, 2018[75] - Employee costs for the six months ended June 30, 2019, were approximately HKD 1.144 billion, a decrease of 0.95% compared to HKD 1.155 billion for the same period last year[75] - The chairman and CEO, Mr. Guo Wei, has held dual roles since June 8, 2018, to ensure consistency in business strategy development and management[98]